HIGHLAND VALLEY ELDER SERVICES INC

EIN: 042563340 501(c)(3)

FLORENCE, MA

Total Revenue
$21,171,108
Total Expenses
$19,794,140
Total Assets
$8,528,635
Net Assets
$4,272,848
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
MA
Principal Officer
JACQUELINE LAMARCHE
Phone
4135862000
Tax Period
2024-07-01 to 2025-06-30

HIGHLAND VALLEY ELDER SERVICES INC, founded in 1975, is a mid-sized nonprofit that reported $21.2M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $19.8M left a modest 7% surplus.

Mission

HIGHLAND VALLEY ELDER SERVICES HELPS ELDERS LIVE AT HOME SAFELY AND INDEPENDENTLY FOR AS LONG AS POSSIBLE BY PROVIDING ASSISTANCE AND ACCESS TO A COMPREHENSIVE RANGE OF SERVICES. THROUGH A COMPREHENSIVE ASSESSMENT, CASE MANAGERS DETERMINE WHICH SERVICES ARE NEEDED, DEVELOP INDIVIDUALIZED SERVICE PLANS, ARRANGE FOR THE SERVICES AND MONITOR THEM TO ENSURE CLIENTS RECEIVE THE CARE THEY NEED.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $19,582,409
Program Service Revenue $1,520,948
Investment Income $67,751
Other Revenue $0
TOTAL REVENUE $21,171,108

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,770,777
Fundraising Expenses $0
Program Expenses $18,085,105
Other Expenses $13,023,363
TOTAL EXPENSES $19,794,140

Year-over-Year Comparison

2024 2023 Change
Revenue $21,171,108 $18,297,760 +0.2%
Expenses $19,794,140 $17,257,757 +0.1%
Net Income $1,376,968 $1,040,003 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
171
Volunteers
100

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$189,292
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ESTELLE STASZ PRESIDENT 3.00
Officer Director
$0 $0 $0
PATRICK BROUGH VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
NILDA COHEN TREASURER 3.00
Officer Director
$0 $0 $0
KATHRYN SERVICE SECRETARY 2.00
Officer Director
$0 $0 $0
DANA LITTURI DIRECTOR 1.00
Director
$0 $0 $0
POLLY RYAN DIRECTOR 1.00
Director
$0 $0 $0
ROBERT DIONNE DIRECTOR 1.00
Director
$0 $0 $0
ALLAN OUIMET EXECUTIVE DIRECTOR 37.50
Officer
$159,859 $29,433 $189,292
JACQUELINE LAMARCHE CHIEF FINANCIAL OFFICER 37.50
Highest
$125,135 $18,895 $144,030
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $21,171,108 $19,794,140 $8,528,635 $1,376,968
2024 $18,297,760 $17,257,757 $7,601,715 $1,040,003
2023 $14,976,121 $14,114,235 $6,428,582 $861,886
2022 $12,881,441 $12,147,189 $4,698,909 $734,252
2021 $12,004,951 $11,369,709 $4,447,411 $635,242
2020 $10,219,656 $10,147,518 $3,140,432 $72,138
2019 $9,704,754 $9,641,978 $3,002,017 $62,776
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